KUALA LUMPUR (May 28): Serba Dinamik Holdings Bhd said its non-independent non-executive director Datuk Abdul Kadier Sahib, who is also the second largest shareholder, has proposed to remove KPMG PLT as the company’s external auditor.
Holding a 15.96% stake in Serba Dinamik, Abdul Kadier has also proposed to appoint BDO PLT as the company’s new auditor “in place of KPMG PLT for the financial year ending June 30, 2021”, the company announced to the stock exchange this evening.
The proposal to change auditor came two days after the oil and gas company announced that it is commencing a special independent review after its board of directors was informed by KPMG on some matters pertaining to statutory audit.
KPower Bhd fell as much as 27 sen or 15.98% to RM1.42 this morning, after Serba Dinamik Holdings Bhd said on Tuesday it was commencing a special independent review after the board of directors was informed by its external auditor on some matters pertaining to statutory audit.
Higher crude oil prices gave Petronas-linked stocks a boost in early Thursday trade and nudged the FBM KLCI higher while consumer stocks also advanced.
Serba Dinamik Holdings Bhd said today it has consulted with Bursa Securities prior to engaging international independent firms to assess the veracity and accuracy of the matters recently brought up by its external auditor KPMG.